SE Shipping Lines Pte Ltd v Austral Asia Line Pte Ltd (The “AAL Shanghai”) – High Court (Choo Han Tek J) [2012] SGHC 220 – 30 October 2012

Company law – Winding up – Charterers asserting right to wind up shipowning company for failure to pay charterparty freight – Whether shipowners entitled to declaration and injunction restraining charterers from presenting winding-up application

The plaintiff chartered the vessel AAL Shanghai from the defendant. The charterparty was entered into to allow the plaintiff to transport cargoes from South Korea and China to Brazil, under a contract between the plaintiff and Suzlon Energy Limited (SEL). SEL was the owner of the cargo, and the consignee was Suzlon Energy Eolica do Brasil Ltda (SEEBL).